The Acting Chief Executive of the Ghana Chamber of Mines, Ahmed Nantogmah, is demanding the passage of a law to regulate how mineral royalties are used at the local level.
He said that without such a legal framework, communities hosting mining operations will continue to suffer from underdevelopment despite the huge revenues they generate.
Speaking on JoyNews' PM Express Business Edition on Thursday, May 22, Nantogmah was emphatic: "We need an act or a law that will regulate the utilisation of mineral royalties." He argued that while mining companies are often blamed for underdevelopment in mining communities, the real issue lies with the misuse of royalties by local authorities. "There's a broad argument that development is in the hands of the state.
That's true.
